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Brokerage
Posted: February 16, 2016
Kaufman Organization signs 16,000 s/f lease
New York, NY The Kaufman Organization has secured a ten-year, 16,000 s/f lease for a full-floor space at 519 Eighth Ave. for Workspace Advisory Group, a newly founded company dedicated to providing premier executive office spaces to clients in a variety of industries. Workspace Advisory Group is a new venture for executive suites industry veteran, Joseph DeTrano, who brings 18 years of experience to his newly formed venture.
“DeTrano’s reputation precedes him; his success in executing sales and business development strategies has led to his becoming a recognized leader in the executive suites industry. Securing a tenant of his stature elevates Kaufman’s property and solidifies 519 Eighth Ave. as an office destination; its easy access to mass transportation options including the PATH and Penn Station, and ideal Midtown location allows executives to recruit top-talent from all over the tri-state area,” said Steven Kaufman, president of the Kaufman Org.
Along with Kaufman, Barbara Raskob, director of leasing and Yvonne Chang, associate at Kaufman Org. secured the transaction on behalf of Kaufman and landlords, Kaufman 8th Avenue Associates, L.P. Workspace Advisory Group was represented by Alan Sinovsky, president of Sinovsky Realty Services, LLC.
The Workspace Advisory Group’s 14th floor lease at 519 Eighth Avenue fills the space formerly occupied by Swedish construction company, Skanska Railworks Joint Venture. Workspace Advisory Group, expected to occupy the space in Q1 2016 joins a roster of diverse tenants including premier financial services firm, Fora Financial, well-respected engineering firm, Rosenwasser/Grossman Consulting Engineers (RGCE), and performance space, Pearl Studios NYC .
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